TYCOON: SOCIAL CRYPTO TRADING MADE SIMPLE.

jamesndungu (61)in #trading • 5 years ago

In times of negative interest rates, good profit-generating investment opportunities are in more demand than we could ever think. The digital advancement of blockchain technology has seen more people opting to invest in cryptocurrencies.

This market, however, is not yet saturated; thus you can be assured of a good return rate. When we look at the stock market, its dominated by big investors who greatly control the events surrounding it, making very hard for new investors to make an entrance to the market.

Stock markets are also very hard for laypersons to understand. The crypto market, however, compared to other conventional forms of investment, does not require capital commitment.

To be able to invest successfully, we need to overcome some obstacles Cryptocurrencies are relatively young and the technology underlying it is difficult for some people to understand. Characterizations of conventional currencies can’t be applied to cryptocurrencies in a one-to-one manner; the knowledge and demarcation from traditional views have to be improved. An appropriate manner of accessing cryptocurrencies also has to be chosen as there are several options currently. Once this challenge has been resolved, the real work then begins.

The solution.

Using Tycoon platform, beginner investors can delegate such issues to an expert. The click of a button opens the door to the magnificent world of blockchain technology and cryptocurrency trading. Using their demo account, the investor can explore the platform, gain initial experience in crypto trading and chose their preferred traders upon the first login. On the platform, the user has access to necessary instructions for the first steps, for instance creating wallets on supported exchanges.

With just one registration on Tycoon, investors have easy access to cryptocurrencies and experienced traders. The platform publishes only strategies that are implemented by the respective trader in their portfolio. It recognises and processes all the trades in real-time, ensuring maximum transparency in regards to past trading results.

How are users connected on Tycoon?

Application Programming Interface (API) is an interface between two different services which you have probably used unconsciously. Tycoon uses this protocol to read orders placed by the traders and forwards them to the follower’s portfolio without the need to access the user’s assets. To be clear, neither the platform nor the trader can transfer user’s assets to a different wallet.

Data privacy protection.

Demo mode can be used on the platform by anyone without KYC (Know Your Customer) verification. Its main objective is to hinder money laundering contributing largely to the security and reliability of the Tycoon platform.

Fees.

Connection fees-if the volume allocated to the trader is below 5,000 dollars then the follower has to pay a one-time 5 dollars fee and follows the trader for four weeks. If greater than 5,000 dollars, the follower pays 0.01% of the allocated volume and follows the trader for four weeks. During the first year, the follower receives a discount of 20% on fees when using the tycoon token.

CONCLUSION.

Tycoon is the ultimate solution to modern social trading as it incorporates a technology that is gradually taking over the world, Blockchain Technology. Crypto enthusiasts have the opportunity to carry out crypto trading on a trusted, transparent platform which is guaranteed to gain popularity as soon as it is launched.

🔗 Website: https://tycoon.io/
🔗 Whitepaper : https://www.tycoon.io/whitepaper.pdf
🔗 Facebook : https://www.facebook.com/Tycoonio-1082428378632504/
🔗 Instagram: https://www.instagram.com/tycoon.io/
🔗 Twitter: https://twitter.com/tycoon
🔗 Telegram: https://t.me/Tycoon_Official
🔗 Linkedin: https://www.linkedin.com/company/tycoonio/about/
🔗 Github: https://github.com/tycoon
🔗 AnnThread: https://bitcointalk.org/index.php?topic=5165235/